To me this is a wild success story but to someone else this may be meh that isn't much.
I think 1M ARR shows you are on to something and getting sales off the bat is a good indicator.
Not an expert but I feel PMF is a rear view mirror thing.
I think 1M ARR shows you are on to something and getting sales off the bat is a good indicator.
Not an expert but I feel PMF is a rear view mirror thing.
the rear-view thing sounds kinda like "you'll know it when you see it"... which I'm sure is true for some people, but idk if I would know when to declare PMF without a more precise definition.
The rear view mirror thing is of course true: you can only know the market by testing it by trying to sell your thing to it. Anything forward looking is a prediction.
You are always making decisions that are like bets.
Is your sense that we're officially at PMF now? Or maybe last year even?
Or do you think the question is fundamentally subjective and depends on who you ask and what numbers seem compelling to them, like you kind of alluded to before?
I'd say we reached PMF a couple years ago the way I define it (solid customer acquisition from organic sources & word-of-mouth, strong retention, sustainable growth).
I was just curious if others might look at it differently, since I know definitions can vary. And like you said, some people might look at this update and dismiss it as still really small-time.